8356 Oakwood Drive, Niagara Falls, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of 221 - Marineland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,299,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 2 Bathrooms
- Premium 94.36 x 812 ft lot size
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Strategic industrial development opportunity with premium QEW exposure in one of Niagara Falls' fastest-growing employment corridors. Positioned minutes from the McLeod Road commercial hub anchored by Costco, Rona and Walmart, and in close proximity to the new Niagara South Hospital, this corridor continues to see significant public and private investment. The approximately 94.36 x 812 ft parcel is designated Prestige Industrial under the Niagara Falls Secondary Plan, allowing up to 60% lot coverage and a broad range of permitted uses including winery, new or used automobile dealership, adult entertainment, warehouse/distribution, and nursery operations. Auxiliary buildings includes a side-by-side duplex featuring interim holding income potential. With exceptional depth, visibility, and flexible zoning, this is a rare opportunity to secure scale and frontage in a high-growth node poised for continued expansion.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8356 Oakwood Drive, Niagara Falls, ON L2E 6S5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $1,299,900 in Niagara Falls, the legal minimum down payment is $259,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,473 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.